GREY:FNKLF - Post by User
Comment by
miltraderon Mar 13, 2007 10:03pm
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Post# 12413269
RE: Where we go from here.....
RE: Where we go from here.....There are three important things to remember with Nickel:
1) China and Japan are expected to cut their demand for high grade Nickel by 30% in 2007;
2) International trends are pointing to recession in a short period of time, in my estimate 4 month and earlier.
3) Demand and price of Nickel is going to go down as a result of the obove mentioned.
FNI and and other junior companies are going to face the cold reality of economics during the hottest days of the year. With assets locked in metals, including FNI, liquidity is a hard thing to achieve.
Miltrader